Are precious metals a good investment? Let’s look at the two primary ways you can invest in the physical metals, and the benefits of each:
Buying precious metals for physical possession allows you to store your metals however you choose – at home, in a safe, in a bank deposit box, and so on. You have complete access to your metals at all times and total control over your investment. You simply can’t get that level of peace of mind from most other investment asset types.
Precious Metals IRA
A Precious Metals IRA combines the benefits of precious metals with the tax benefits of a government-approved retirement account. A variety of coins and bars from around the world are approved for a Precious Metals IRA. When you add metals to an IRA from First Capital Gold, they are stored safely in a precious metals depository until you decide to take distributions from your account. A variety of other investment types can also be added to a Precious Metals IRA, such as stocks, mutual funds, real estate, mortgages and others.
Deciding which way to invest should be based on your Individual goals and circumstances. Some investors use Precious Metals IRAs for their retirement savings while also keeping additional metals stored at home or in a safe.
Over the years, as governments have fallen and stock markets have tumbled, precious metals have remained a bedrock of stability and security. To learn more about protecting your financial future with investments in gold, silver, platinum and palladium, take the first step today: